Mining weekly reported that French nuclear company Areva said it reached a record level for its uranium production last year, producing 9,760T.
Articles Tagged "uranium production"
The increasing likelihood of a future nuclear fuel shortage presents an upside for uranium exploration and development companies with quality projects in prime locations.
Reuters reported Kazakhstan increased uranium production by 8 percent year-on-year in the first nine months of 2012.
Wyoming is in the midst of a uranium mining renaissance at a time when governments at both the federal and local level are backing domestic energy production. A few of the uranium industry’s rising stars are gaining a strong foothold in the Cowboy State.
Energy Fuels Inc. (TSX:EFR) announced it will shift its short-term focus toward lower cost sources of uranium production within its asset portfolio.
Bloomberg reported stockpiles in Japan and Germany keep prices low and cause mining companies to defer new development as uranium struggles to make a comeback.
Paladin Energy Ltd. (TSX:PDN,ASX:PDN) announced it has secured two mid-term off-take agreements for uranium production originating at its mines in Namibia and Malawi.
A Dundee Securities analyst believes that the uranium market has hit its bottom. More positively, prices are seen climbing this year and into 2013 as Japanese reactors come back to life and the Megatons to Megawatts program expires.
Bloomberg reported Kazakhstan increased second-quarter output of uranium by 9 percent.
Mining Weekly reported GBI Research announced it expects uranium production to increase over the next year.